Where the offshore search for oil and gas is headed
Journal Article
·
· Ocean Ind.; (United States)
OSTI ID:6164882
This overview of the world's potential offshore oil and gas frontiers points out that although solutions to technical and political problems have opened up some promising areas for exploration, many key frontier basins have yet to be explored by modern technology. Long-standing disputes between bordering countries over offshore rights have deterred exploration activities in the Malvinas basin off Argentina and in the Gulf of Venezuela. Political problems have also slowed activity in the US Atlantic offshore, where Mesozoic reef trends may be related to Mexico's large oil fields. In Canada's Labrador Sea and Grand Banks, the problems are largely operational because of the inclement weather and threatening icebergs. The thick sediments off northern Norway remain untapped due to the deep water, Arctic conditions, and boundary disputes with the USSR. The main areas of active exploration are the Gulf of Thailand-Penyu-Natuna basin in Southeast Asia and Ireland's Porcupine Bight basin.
- OSTI ID:
- 6164882
- Journal Information:
- Ocean Ind.; (United States), Journal Name: Ocean Ind.; (United States) Vol. 15; ISSN OCIDA
- Country of Publication:
- United States
- Language:
- English
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